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It's rare enough to be worth noting: the European Commission can also shield its own.
To protect an industry heavily impacted by foreign competition, the EU executive proposed on Tuesday to cut in half the amount of steel imported into the bloc duty-free and to impose a 50% tariff on imports exceeding a quota of 18.3 million tonnes per year.
To put it simply, this means that the EU is drastically reducing its imports of steel in favour of its own product.
“Global overcapacity is damaging our industry. We need to act now,” European Commission President Ursula von der Leyen said in a statement.
“The Commission
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